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    Eastern Shore Dr Spanish Fort, AL 36527

    Sponsored
    For Sale
    $5,000,000

    9.3 Acres, High Traffic, B-3 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9.3-acre commercial land parcel presents a unique investment opportunity in the thriving Eastern Shore Shopping Centre of Spanish Fort, Alabama. Located at 0 Eastern Shore Drive, zip code 36527, this property boasts a highly desirable B-3 zoning designation, opening doors to a wide range of commercial development possibilities. Its strategic location directly adjoins a Publix supermarket, ensuring high visibility and accessibility within a bustling retail environment. The site benefits from exceptional traffic volume, recording an impressive 188,800 monthly visits and 2.2 million annual visits, translating to significant potential for customer engagement and business growth. This prime location in Baldwin County offers unparalleled exposure to a substantial consumer base. The asking price for this expansive tract is $5,000,000. The property's size and strategic placement make it an ideal candidate for a variety of commercial ventures, promising substantial returns on investment. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. Broker co-op is available.

    Property Features for 0 Eastern Shore Dr

    General Information

    Property type
    Land
    Lot Size
    405,108 SF

    HighLights

    • High‑traffic location with excellent visibility.
    • Strong foot traffic, averaging 188,800 monthly visits and 2.64 million annual visits.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Spanish Fort
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.849389699546
    Latitude
    30.672437601281

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    • Contact for pricing

      187 Acres of Raw Land

      Raw land available in Spanish Fort, Alabama.
      10758 Old Highway 31, Spanish Fort, AL 36527
      View Details

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    FAQs

    What type of property is this?
    Land - 9.3 Acres, High Traffic, B-3 Zoning
    Where is this land located?
    The property is located at Eastern Shore Dr Spanish Fort, AL.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: High-traffic location with excellent visibility.; Strong foot traffic, averaging 188,800 monthly visits and 2.64 million annual visits.;
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Eastern Shore Dr Spanish Fort, AL 36527
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